American Airlines group reports March traffic results

By TESTCustomwebLP TESTCustomwebLP
April 13, 2015 19:15

American Airlines Group’s total revenue passenger miles (RPMs) for the month of March were 18.4 billion, down 0.6% versus March 2014. Total capacity was 22.4 billion available seat miles (ASMs), down 0.9% versus March 2014. Total passenger load factor was 82.1% for the month of March, up 0.3 percentage points versus March 2014.

American Airlines expects its first quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately one to three percent. The recent strengthening of the dollar resulted in higher than anticipated foreign exchange losses. As a result, American now expects its first quarter pretax margin excluding special charges to be approximately 12 to 13%, down from its previous guidance of 12 to 14%.